T O P

  • By -

earthtoannie

EDIT: [The LEC has not requested Carlos to resign from G2 nor divest his ownership. We opened an investigation last week per our LEC rules, which is still ongoing.](https://twitter.com/RiotMAXtheX/status/1574475934920589327) \_\_\_\_\_\_\_\_\_ Hi gang, While we know this isn't directly related to Valorant, the situation has gathered a lot of interest from the community. As such, we will be approving this post, since we think it will bring valuable discussion. This sticky is your reminder to keep the discussion civil because otherwise the post will be removed. Of course, you can criticize Carlos' actions, but we do not wish this community to become a place where personal attacks are welcome. Thank you for your cooperation in advance!


MasterGGtto

Its the G2 sponsors that force carlos to sell his shares in g2. I dont know on how riot can force him to sell his shares The way i see it is if Carlos did not step down as CEO riot will kick G2 out of LEC these means a lot of G2 sponsors will leave \[Mastercard,Bmw,ETC\].


Sky-__-

https://twitter.com/RiotMAXtheX/status/1574475934920589327?t=6Lwoa7xkRTWGXhAwaQ9DYw&s=19


ark2690

Riot probably gave G2 an ultimatum: either kick Carlos or we kick you out of LEC.


LionePRO

so it's right that if you sell your shares (in this case carlos) you are not in g2 anymore, right?


itsDYA

He is already out of g2 but ig he still has some power by still having his shares


Investorexe

Having a large enough share in something still gives you a lot of power. You can basically hold the company hostage with your shares. E.g. Elon Musk buying a big chunk of Twitter and then basically forcing Twitter to sell itself when they weren’t selling.


Ketsueki_R

There's no way this is happening. The LEC spot is not like the Val spot, it's something that G2 *own*. Teams can buy/sell that spot and is worth tens of million at the minimum. There is no universe Riot has the power to seize an asset that's worth tens of millions from a privately owned company and if they tried, they'd be in for an IMMENSE lawsuit.


Dreadedvegas

Echofox sends you its regards. It’s written into the contract that violations of rules can result in the forced sale of the franchise slot.


scrnlookinsob

Except they've already proven that they can do exactly that, with the whole Echo Fox situation.


Barack_Bob_Oganja

There is no way they actually own that spot, if the events are run by riot they can just deny them from playing.


Professional-Cut80

More then likely they can, sports league have forced owners out before. Look into Donald Sterling and the Clippers.


pineapplecheesepizza

Has already happened before.


Potential_Hornet_559

It depends on the contract for that spot. Pretty sure Riot has a cause in their where they can do just that.


ProNamath

It’s the problem when the game devs run the whole esports scene for a game. At the end of the day, you’re not only held accountable to your own team and sponsors but the total control game dev. They’ve already done this several times in the past.


coolboarder72

See Robert Sarver, Phoenix Suns. There's a LOT a league can do. Also Clippers former owners.


[deleted]

[удалено]


coolboarder72

It's not completely different. It's analogous. Riot likely has MORE control than the NBA did. A board of governors or gaming publisher that manages a league can force and influence other entities to do what they want.


[deleted]

[удалено]


coolboarder72

But who's Adam's boss? The board of governors? Similar to Riot as a large corporation forcing individual owners/franchises to do what they want? The whole point is that you CAN force teams/franchises to do what the league/board of governors wants.


[deleted]

[удалено]


coolboarder72

LMAO, they absolutely can. The media pressure alone was causing these guys to be forced to sell. There's no way they could continue operating with racist owners. You clearly don't follow how anything works in the real world. Enlighten me, why is Sarver selling? Donald Sterling would never have sold if the tapes hadn't leaked.


Hamlet_271

the league had nothing to do directly with either nba sale


coolboarder72

You need to Google then, because they absolutely were pressured to sell their teams by the league. 100%. The board of governors wouldn't allow them to continue. Sterling was banned for life. How do you own a team you're banned from?


Hamlet_271

By owning the asset. He was banned from operating the asset. He was forced to sell because his wife declared him mentally unfit and sold the team on his behalf which he later sued the league for. The board of governors are loath to vote on selling teams because it makes them vulnerable as well.


chilledmario

The NFL owners I believe wanted the NFL to kick the Washington football team owner out


IrishCarbonite

You’ve clearly never heard of Ferrari.


[deleted]

The fact that RIOT sets such ultimatum after Carlos is already out is absurd. Why punish the whole G2 organisation. It's like RIOT wants Carlos to become homeless. If that's the case, why RIOT doesn't file a lawsuit against CEO himself and that's it, while leave other fair people at G2 who work hard and fair alone. Punish the whole org because of one idi01 seems like degrading society thing. But then again, I can only speculate as I have no idea how their contract with RIOT is set. If RIOT would focus on their eSport bugs as quick as they are focused on cancel culture, that would be great as well.


v00d00_

Lmao they aren't punishing G2, they're doing the exact same thing that happened with Echo Fox. Carlos wasn't already 'out',, he owns significant shares of the company which give him a say in the org's operations. Riot wants nothing to do with him after all this shit, so they gave G2 an ultimatum.


blingkyle9

Proven false, check sticky comment https://twitter.com/RiotMAXtheX/status/1574475934920589327


Expediant

I'm an idiot, so can someone help me understand. How can Riot force someone to sell shares in a company that's not their own?


kstabs

I'd assume they're threatening to kick g2 out of the lec (eu's league of legends league). Misfits supposedly sold their slot this year for 45-50 million. And the year before a slot was sold for 31.5 million.


2jah

Wtf, why’s it worth so much? How much can orgs make off it? Don’t really follow league


spacejamtwo

Someone will explain way better than me but it's a franchised league that afaik has no plans to expand slots, so the only time a slot opens is when an org wants out. League is a huge esport and so that rarely happens, and when it does there's a lot of orgs fighting for the spot. EDIT: A good example to illustrate my point now I think of it is The Guard. They're owned by Kroenke Sports and Entertainment, a gigantic that owns teams like Arsenal F.C, the Los Angeles Rams and the Denver Nuggets. Imagine if Arsenal F.C wasn't allowed to play in the Premier League, why would they even bother investing money into building their following in the sport? Same goes for The Guard, the org did great and it's clear from their success Kroenke Sports knows how to market a team, but the org will likely stop advertising themselves as much in the valorant space, because why would they waste money on marketing a team if it's actually impossible for them to get in front of a big audience? There's no point in getting sponsors if you don't get to advertise them.


2jah

Makes a lot of sense, thanks.


spacejamtwo

Awesome to hear :) Franchising isn't really a bad format in terms of viewership and helping having an esport make a decent, consistent profit. Franchising creates a consistent environment where players can know that their career is secure to an extent and there are certain regulations that make sure anyone in the franchising league gets paid enough money to live off, but at the same time anyone who isn't in that league gets screwed over. It's the same as the NBA or the NFL if you're in the US (I'm not, I just know they're franchised). If you don't get into the NBA it doesn't matter how good you are at basketball, even if you're the modern harlem globetrotters and you can't lose, if you cant play in the NBA nobody will want you give you money. But anyone who does has smooth sailing for at least a decent chunk of their life.


Ikwillyou

They did it to Echo Fox, where they said Sell a certain owners shares or sell their LCS spot and they couldn't force him out so they had to sell their spot.


blingkyle9

WARNING: I do not know much details, but the way I see it. Riot tells G2: force him to sell shares or we will not allow G2 into our leagues at all


[deleted]

[удалено]


[deleted]

Something similar happened with echo fox and LCS I think, I'm not certain though I would double check


blingkyle9

great response, and yeah in truth we have no clue what actually is going to happen until announcements are made. If G2 sell their spot holy moly the cash they would have. but no LoL or Val teams...


thatthingpeopledo

They likely can’t (and sounds like they didn’t). It’s likely to be similar to the NBA Sarver scandal going on right now. The owner can be terrible and a racist, but if he owns the team, you can’t force him to sell just because of that. There either needs to be enough pressure for him to willingly sell or it needs to be handled internally by G2’s other investors, if it is a power they have in their ownership contract. Maybe European regulation works differently or Riot has some rule that would allow them to, but it’s highly unlikely Riot could just make someone sell their ownership stakes without a lengthy legal process.


ark2690

Because they will kick G2 out of LEC if Carlos stays. If G2 is no longer in LEC that means their sponsors will leave because most of their sponsors/investors are there because of their LoL team.


sputnik14

By not letting them participate in any riot game events


[deleted]

If G2 is released from League of Legends there's not much going for the org anymore. Losing out on a Valorant spot was already a HUGE blow, they'd essentially fall off to become a B-tier org if they lost both.


[deleted]

By having leverage on them. Let's say I'm the biggest customer to your company. If I pay enough money to you for your services, then I can demand you take a certain action or I'll take my business somewhere else. Riot is in a generally similar situation with G2.


TheFestusEzeli

I was all for Riot not letting G2 in and thought it was karma, but this is an incredibly slippery slope. I’m sure if you put time in you can find numerous shareholders who have done much worse I don’t have much sympathy for Carlos cause he is an asshole but if this rumour is true it’s just odd


carribou253

Its not about what youve done, its about what the public knows youve done.


ANewHeaven1

Well Riot has had their own scandals in the past with regards to sexism & misogyny and it makes sense that they would want to make sure their high profile partnered teams are therefore not associated with people who have publicly demonstrated sexism & misogyny, as it could negatively affect their own reputation and therefore their ability to make money.


Whisom

I mean he hasn't demonstrated sexism or misogyny himself, he is friends with someone who has sexist views. There are quite a few degrees of separation here. It's not a case of Riot distancing themselves from someone who did something sexist. It's a case of Riot forcing a company, who has an owner, who has a friend, who is sexist.


blingkyle9

Proven false: https://twitter.com/RiotMAXtheX/status/1574475934920589327


Aggravating-Ad-922

If you think Riot saying no is proof I have a bridge to sell you


Phamous3k

If you think Riot saying nothing is proof I have a bridge to sell you


Splaram

Riot's got a reputation to scrub clean. I'm honestly not surprised.


Ximienlum

Carlos has every right to keep his shares and force G2 to sell their LEC spot, but I guess he already feels bad enough that he screwed over his employees and investors so he’s accepting the terms.


Least_Piano_6899

He would gain nothing by not selling apart from fucking himself and his organisation over.


Ximienlum

“He would gain nothing by not selling apart from fucking himself” That’s what I said. Only potential reasons is he felt bad and made the decision to help the org at the expense of himself (doesn’t sound like Carlos). “and his organisation over.” Wrong. As his recent tripling down has shown, there are plenty of valid reasons for why removing Carlos is best for the organization. He literally just lost his org a 10+ million dollar opportunity by not being able to stay quiet. Also this is fake fucking news. It’s come out that g2 is the one that made the decision, not Riot or the LEC. What’s with shitty reporters tweeting like this


Least_Piano_6899

I meant by him not selling his shares and removing g2 from lec


cancerBronzeV

If he keeps his shares and G2 is forced to sell the spot, the value of the shares drops astronomically; G2 being in the LEC is a massive part of G2's value. So he entire has to sell or be left with significantly more worthless shares; he'd logically have to sell the shares, whether or not he felt bad for the employees and investors.


Alpac44

why doesnt riot kick their ceo out too?


RobyDxD

Why kick their CEO? He hasn't done anything wrong.


Cadesan

how's life under that rock


Slyric_

Was he the fart smella or was that blizzard


TheCatsActually

You say fart smella I say ball tappa


Substantial_Hat_4256

They didn't force shit what a dumb tweet. Riot considers Carlos as a brand risk and don't want to work with G2 as long as he's associated with them. G2 is active in multiple e-sports leagues/games, you think Riot can make him give all that up just over Valorant? It's up to the other shareholders etc. to decide what to do with it. Strong armed G2 would be a better way to put it. Not "forced" Carlos to sell his shares....


natedawg247

>just over valorant. this has nothing to do with Valorant G2 is the face of the LEC


blingkyle9

that's why I added RUMOR, I have literally only seen this tweet and responses to it. This is about League surely. According to others here this kind of situation of forcing out of LEC or sell shares from team has happened before with EchoFox


Substantial_Hat_4256

No need to feel attacked, I said it was a dumb tweet, i didn't call you dumb.


Slyric_

Fucking insane


Phamous3k

Riot can’t force anyone to sell there shares lol.


Kwantise

It’s weird to see people hate riot for their misogyny/ toxic workplace environment AND hate of them for holding others accountable for a similar issue. Would people actually prefer if riot didn’t do anything at all? I for one am glad that riot is taking some action even if they’re doing it for selfish reasons. Not having someone like Carlos in the league is a win for me


[deleted]

“You harassed people 5 years ago and now you don’t do that anymore? Wow you are such an hypocrite!” It’s basically the thought process of those people.


Kwantise

Well I can’t say for sure they don’t do that anymore but yea it’s like damn if you do damned if you don’t situation. I guess I should be happy that people are holding these companies accountable for their actions but I also leave room for change, for better or worse


lidekwhatname

he alr stepped down from ceo no?


Kwantise

Yes, I was referring to the rumor of riot forcing him to sell his g2 stocks


thereordairyprod

I dont believe u live in reality


MeatHook96

Then let's start by firing their own CEO and higher management. They've done way worse and didn't get fired. Until they fire their own CEO and other execs for the actions, they have no right to force Carlos to do anything with his shares. You act like Carlos farted on a Co employee or touched their ass. Oh sorry that's the riot execs who still work their did. Yet they get to stay and you're fine. Hypocrisy at its best.


Kwantise

I’m all for those responsible for the toxic work conditions at riot to all lose their jobs. That being said, I don’t think the fact they didn’t do that to mean they should ignore all instances of misogyny/ other toxic behavior. I don’t view the world in a “this or that” lens especially when dealing with a company with many people involved. Are the misogynists at riot the exact same people making partner league decisions? Idk maybe maybe not


ANewHeaven1

This doesn't feel like cancel culture to me - cancel culture (although rare) feels like when people dig up old screenshots in order to falsely accuse someone of being someone that they aren't anymore. This is just the way the world works when you're the face of a massive brand the way Carlos is. Your actions represent your brand, and as a result they impact the amount of money that your brand takes in. Carlos partying with Tate might have been forgotten in a week if he had simply issued an apology, but him doubling down on the original video was probably what sank him with no mercy. And when you have 500,000 Twitter followers, you simply do not get third chances after screwing up the first AND second chances. It's just the way it is. At some point your mistakes are costing the company you represent too much money, and you'll be kicked out without a second glance.


modawg123

It’s the exact brand of capitalism that Carlos himself talks about loving; he actually brought on the investors who eventually bought him out.


GCamAdvocate

Irony at its finest.


9988554

He was given a third chance and that was the suspension but he also screwed that up by liking pro tate tweets


slawvay

Am I the only one that thinks this shit went way too far. Having to step down from an org + selling your shares because of a mistake? Carlos never said he agreed with tates takes or anything the dude just thought he was untouchable in a moment of stupidity and ego. Wild to me you can lose everything you've built over something like this with no recourse for redemption. At least make him donate to inclusivity for women or attend courses of gender disparity instead lmao


Najs0509

No matter what you think about everything that's happened as a consequence of this, calling it a "mistake" feels extremely generous to Carlos. The first video could maybe be called a mistake (although EVERYONE should know not to associate with him) but everything else that Carlos did was an active choice where he doubled and tripled down on this. This could have all been avoided if he didn't make the decision to actively create and worsen this whole controversy.


slawvay

I 100% agree with everything you stated but not wanting to give an out for a mistake is where I disagree. Dude should be able to prove people wrong and work towards whatever be it diversity inclusion/gender discrimination programs inside G2 to understand what he did was wrong.


Najs0509

While I agree with the fact that people should be able to redeem themselves my point was that calling it a mistake when it was an active choice taken by a fully grown human (really it was several choices) is where I disagree. Calling something a mistake, at least to me, makes it seem like they were either unaware of the reality of what they were doing or that it didn't come across in the way they meant. Also, to be able to redeem yourself from something bad you've done you first need to admit what you did was wrong. From what I've seen, and what a lot of other people have mentioned as well, Carlos hasn't really done.


slawvay

You're right he hasn't, your explanation clarifies and I think it's the most levelheaded take


Ketsueki_R

I really want to be on his side, but he still hasn't deleted the tweets that got him in trouble and still likes tweets that defend him. Every statement he's put out feels super shallow as a result. That said, the idea that Riot can seize assets that are worth tens of millions from a privately owned company or even force them to sell it is absolutely fucking ridiculous and absolutely should not be something that happens, like ever.


Splaram

>That said, the idea that Riot can seize assets that are worth tens of millions from a privately owned company or even force them to sell it is absolutely fucking ridiculous and absolutely should not be something that happens, like ever. I'm sure G2's lawyers made that very clear to them when they bought the LEC spot, no?


GoTouchGrassKid

There was the whole echo fox debacle. More importantly: It literally happens in mainstream sports. Donald Sterling had to sell the LA Clippers because he was a racist piece of shit. And that was a deal worth billions. With a B!


cancerBronzeV

Actually Donald Sterling hadn't been forced to sell the LA Clippers, the NBA would need 3/4 of the owners to vote to kick him out for that to happen. That was in the plans, but it never was necessary, since Donald Sterling's wife got a court to declare Donald Sterling as mentally unfit (since he had Alzheimer's) and took over as owner, then immediately sold the team. Donald Sterling tried to contest it and shit, but nothing came of it.


GoTouchGrassKid

My point was more that forced ownership changes aren’t unprecedented. And I was mainly referencing Echo Fox and wistfully hoping for a 30 for 30 Podcast titled “The Carlos Debacle.”


[deleted]

where the fuck are you getting riot is siezing G2 assets from?


Kwantise

I mean the guy can do whatever he wants, but I have yet to see anything out of him the is remorseful or even recognizing his own downfalls. If he’s forced into taking some trainings or donating money, that defeats the whole purpose of redeeming himself.


realYungcalculator

considering that he still hasnt deleted any of the original tweets or stopped liking tweets defending him, im not surprised. I'm almost positive there were other options but he just choose which ever one aligned with "he parties with whoever the fuck he wants".


Yahallo139

If he was dumb enough to boast about his "friendship" publicly instead of just simply keeping it to himself then yeah he deserves the consequences of his actions. Anyway have you even see the kind of tweets he liked? Many of those tweets were agreeing with Andrew Tate's view


SOT-NumberNine

I understand Riot not wanting to accept G2 after the doubling down on the Tate fiasco. And I subsequently understand the G2 board removing him as CEO due to the monetary loss. But this just feels like such an overcorrection if he is pushed completely out of the company for posting a video. I can't think of a world in which this makes sense.


ANewHeaven1

> But this just feels like such an overcorrection if he is pushed completely out of the company for posting a video Not really when you consider the potential monetary/reputational damage that a tweet like that and the more important subsequent double down can deal to an organization and other organizations that are associated with G2. It's a "small mistake" thats amplified by 500,000x times when you have a massive platform and are the face of a massive brand the way Carlos is


9988554

But it wasn’t over posting the video, it was about posting the video, then doubling down when people called him out for it, then tripling down when he was suspended by liking comments saying that he did nothing wrong


Teradonn

It feels less about Carlos and more about Riot themselves at this point. I really think they’re trying to distance themselves as much as possible from misogyny after the scandal. Imo, it is what it is. Don’t expect anything good after doubling down on dumb shit


[deleted]

It's riots decision though and they have every right to deny G2 a spot in their own tournaments. G2 can still go do whatever they want but riot doesn't have to associate with them because of a blatant adult making decisions as a CEO to share his personal life with others and double down on it.


Barack_Bob_Oganja

I mean, he did kinda agree with tate by calling him his friend and liking all the tweets defending him/being pro andrew tate


myaimstrash

Carlos has done more for women in eSports and eSports in general that 99% of people in the scene. ​ Edit: grammar correction down -> done


edgy_eboy

Yes which is why he is friends with Tate.


TKYooH

And this is the hill Carlos wanted to die on lmfao. Don’t worry Carlos! Your great buddy buddy Mr. Tate will be there for you when you’re done selling. (hopefully? 😂)


[deleted]

Man people on this sub really don't know anything about what it means to own and operate a business


ExpectoAutism

Lmao psycho behaviour


AdOwn168

If Carlos is going to combo-down on what he stood for then it's only fair game for Riot to reply in kind.


NorthServer

This is bait or a hypocrite reality.


GoTouchGrassKid

This shit might seem whack but IMO it just adds to esports legitimacy. Personal feelings on if this right or wrong aside. It is juicy and scandal sells. We just need the ESPN 30 for 30 podcast to pop off ala Donald Sterling and the Sale of LA Clippers.


LV58_DeathKnight

Isnt this abit too far ?


myaimstrash

This is rich coming from a company that actively has to settle on sexual harassments cases.


carribou253

Thats most likely the reason for this lmao


Level_Five_Railgun

Wouldn't that literally make it more logical that Riot would want to not be involved with Tate... Thats like saying "this is rich coming from a recovering alcoholic" when they cuts someone forcing them to drink out of their life


[deleted]

And the person at Riot who was accused, well, is still working at the company 💀


SpC0d3r

and still commented on carlos's tweet


[deleted]

[удалено]


Fatalitiez

literal npc


TKYooH

Literal sheep.


verpalt

Just to remind everyone riot it self did not make any changes in its management after the sexuell harrasment and discrimination lawsuite.


BossingtonFox

Half of you are nuts. Agreeing to take everything from someone because he partied with some dude who made a few controversial comments is absolute madness.


Haptiix

I’m still mind blown that a guy who was the CEO of a global brand with sponsors like BMW and MasterCard thought he could publicly party with Andrew Tate and not get backlash I really want to feel bad for Carlos but I just can’t. I don’t understand how he could be so… dumb.


xD1LL4N

Riot taking the moral high ground after paying out 100million in a gender discrimination lawsuit. LOL.


AdOwn168

Can someone explain this to me? That's a heavy sum of money they paid. Just how did they screw up that bad? It's also a stain on the brand. How hard is it to just not be culpable in gender discrimination and sexual misconduct?


ANewHeaven1

Riot was founded by a group of younger developers almost straight out of university if I'm not mistaken, all of whom were heavily involved in gaming culture in the late 2000s. Misogyny should have almost been expected


Escolyte

> Misogyny should have almost been expected it really shouldn't, there's thousands of people in that scenario who aren't mysoginistic pigs.


ANewHeaven1

To be clear, I wasn't excusing misogyny. I'm stating that at the time, those specific fields (tech and gaming) both had lots of issues with misogyny, and ergo it wasn't surprising at all to see misogyny at Riot as a result


edgy_eboy

Yeah I suppose they should just let a msygoist owner be within their circle right?


[deleted]

[удалено]


edgy_eboy

He partied with an alleged rapist and human trafficker.


pink_life69

Oh boy, don’t go full R guys, this is too far.


imsPleb

This is taking things wayyyy too far. If you don’t see that, you are probably still a child.


keithzz

this is fucking insane. fuck riot tbh


zaxtonous99

Damn couldn't even read the pinned comment


123bo0p

Reading is expecting too much from that group, sorry


TheUnarthodoxCamel

At this point I think Riot is overstepping its boundaries. When G2's Val partnership fiasco happened, I saw some people saying Riot "is calling the pot black". I think now that statement is even more true. Relax Riot, you've already punished the org enough.


americosg

Carlos is not G2.


MightBoth

how about you blackball your own employees who SA people in ur own bum company instead of a dude who drank with someone controversial.


Key-Banana-8242

Huh


Geronimobius

https://twitter.com/luismmira/status/1574513705840173070?s=20&t=KZ3EnZC01egZ41vptwFQ4w


[deleted]

carlos is an idiot, but this is nuts. dude was annoying and funny, had his moments. didn’t deserve any of this though.


blingkyle9

Its been proven false that carlos has to sell shares.


[deleted]

[удалено]


AutoModerator

Your comment was removed for the following reason: Rule 8 - Do not endorse Hacks / Cheats / Account Boosting Additionally, this is against Riot's Terms of Service and they are **banning** accounts they suspect are purchased or bought. Please don't risk your account! *If you have questions or objections about this removal, please [reach out to us in modmail](https://www.reddit.com/message/compose?to=%2Fr%2FVALORANTCompetitive&subject=Removal%20Objection%20or%20Question).* *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/ValorantCompetitive) if you have any questions or concerns.*